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After a 4-year gap, Hong Kong's IPO market has once again surpassed the HKD 200 billion threshold! Approaching its peak, reclaiming the top spot, and far exceeding expectations!
A large number of companies are still awaiting listing in the next two months of 2025, with Hong Kong's IPO market steadily approaching the peak of HKD 300 billion recorded between 2019 and 2021.
Zhitong Finance HK Stock November Investment Strategy and Top 10 Gold Stocks
Following the adjustment in October, opportunities in November are likely to increase, as a decline serves as the best litmus test, helping us identify which assets have stood the test of scrutiny. Therefore, the strategy need not be overly complex; regardless of market volatility, simply put: focus on resilient asset classes.
Hong Kong Stock Movement | Golden Leaf International Group (08549) Plummets Over 20%, Marking a Three-Day Losing Streak with a Gain of Less Than 90% Above the IPO Price
Jinye International Group (08549) plunged 20%. The stock officially listed on October 10, surging 330% on its debut day. However, the share price has declined for three consecutive days since then, hitting a new low of HKD 0.93 today, which is less than 90% above the IPO price of HKD 0.5.
Golden Leaf International Group's stock retreated on its second day of listing but remained 1.6 times higher than the offering price.
Jinye International Group's stock price retraced nearly 40% on its second day of listing, with a turnover of HKD 17.5684 million. The stock surged 330% in the previous trading session, and the current share price remains 1.6 times higher than the IPO price of HKD 0.5.
Hong Kong IPO Weekly | Energy drink giant Eastroc Beverage resubmits listing application; three new stocks double in value
①Functional beverage giant Eastroc Beverage has filed again. What are the highlights? ②All three newly listed stocks doubled in value. Why is the market so enthusiastic?
Hong Kong Stock Market Close (Oct. 10) | Hang Seng Index fell by 1.73%; technology, non-ferrous metals, and pharmaceutical stocks declined, while some new consumer sectors rose against the trend.
Hong Kong's three major indices collectively fell today, with the Hang Seng Tech Index performing the worst, extending its decline to over 3% in the afternoon session. Both the Hang Seng Index and the Hang Seng Tech Index have recorded five consecutive days of losses.